By: First Union
Why Opening a Medical Spa is A Good Idea
First off, we should probably explain exactly what a medical spa is. Generally run by or associated with a doctor—usually a dermatologist—a medical spa can offer what a traditional spa does but with the added bonus of being able to feature treatments such as Botox, Juvederm, and procedures that target more serious skin conditions. So yes, you can still get a massage or relaxing facial, but in conjunction, the spa offers more in-depth processes to address things like acne, the signs of aging, hyperpigmentation as well as a number of other skin related issues.
Medical spas are quickly gaining in popularity and are actually becoming the rule as opposed to the exception. And increasingly traditional day spas are partnering with medical personnel to in fact convert their spa to a medical spa.
Advantages of a Medi-Spa
If you currently own a day spa or are thinking of getting into the spa business at some point, below are a few reasons why you should consider going the medical spa route.
1. There is no limit to how much you can earn. Basically, in partnering with a physician or if you are a physician and are thinking about getting into the medical spa industry, the types of treatments you can offer are almost too many to list. Which means you can increase your portfolio of services all the time, which means more clients and thus more revenue.
2. You can easily expand. Let's say your medical spa is taking off. Opening another location makes a great deal of sense. The market is hot for these services and even with competition, you still stand to do well and consequently grow quite rapidly.
3. You can start out small. You don't have to go in for the big fancy building right off the bat. An office with a couple of treatment rooms and then the relevant equipment can get you started. From there, you focus on growing.
If you are exploring medical spa options, we can certainly help. We have flexible and fast loan programs that you can use to expand, buy more equipment, move into a bigger building, even hire more estheticians. Call today and let's get started!